Deals23 May 2026, 11:11 pm
Bliss GVS: Share Purchase Agreement for 43.30% Stake
AI Summary
Bliss GVS Pharma Ltd's board noted a Share Purchase Agreement (SPA) dated May 23, 2026, for the sale of 43.30% of the company's equity shares. Certain promoter and non-promoter shareholders ('Sellers') will transfer shares to Anupam Rasayan India Limited ('Purchaser'). The Purchaser may also acquire an additional 4.90% stake via a call option. This transaction triggers an open offer for up to 26% of the company's shares.
Key Highlights
- SPA executed for the sale of 43.30% of Bliss GVS Pharma's equity shares.
- Anupam Rasayan India Limited to acquire shares from existing shareholders.
- Purchaser has an option to acquire an additional 4.90% stake.
- Transaction triggers an open offer for up to 26% of the company's shares.
- Change in shareholding and/or control of the Company is expected.